Posts Tagged ‘trading with Europe’

Bounce Back Loan Changes; SME Brexit Support Fund; and Business Borrowing in 2020

Posted on: February 15th, 2021 by blsuser1 No Comments Tags: , , , , , , , , , , , , ,
Posted in Business Finance Bulletin

Kickstarting this latest Business Finance Bulletin, we review the changes announced to the Bounce Back Loan scheme. The tweaks to the scheme will help those small businesses which are seeing a slower uptick in trading than hoped for.

Those businesses trading in Europe are finding it a challenge to negotiate the new rules and regulation. Recognising this, the government will be launching the SME Brexit Support Fund, which will provide grants to businesses in need of support and advice.

To wrap up this edition, research from EY ITEM Club has revealed the level of debt businesses took on in 2020 and how the amount is significantly higher than seen in previous years.

If you would prefer to listen to the podcast version you can click below or download to listen to later via our Soundcloud, Google, Spotify, Stitcher or itunes channel.

Business Finance Bulletin · Bounce Back Loan Changes; SME Brexit Support Fund; and Business Borrowing in 2020

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